Ian McIsaac

Risk Awareness

This course emphasises the inherent riskiness of business and emphasises that we should always expect the unexpected. It is designed to help participants anticipate and identify various types of risk so that their organisations can be better protected from the many risk factors present in the business environment.

Course Dates

• The risk funnel: the relationship between business risk and financial risk
  
  
• Financial information and its shortcomings
  
  
• Financial reporting and recent accounting scandals
  
  
• Macroeconomic risk factors
  
  
• Strategic risk and company top management
  
  
• Event risk and business disruption
  
  
• Risk in corporate groups
  
  
• Techniques to manage risk and their shortcomings
  
  
• Warning signals: distinguishing between causes and symptoms
  
  
• Bank risk and the need for regulation
  
  
• Industry and market risk: the airline industry
  
  
• Causes and symptoms